Guwahati, Jan 22: The Assam government has outlined a clear repayment roadmap for its 6.21 per cent Assam State Development Loan (SDL) 2026, reaffirming that investors will receive the full face value of the bond along with accrued interest on maturity. The loan is scheduled to be redeemed on February 17, 2026, with interest calculated up to February 16, marking an important fiscal commitment for the state.
In a press communication issued by the Finance (Budget) Department on January 20, the government confirmed that the SDL, which was floated in February 2021, will be repaid in entirety on the due date, and no interest will be payable beyond maturity. The notification also clarified that if February 17, 2026, falls on a holiday declared under the Negotiable Instruments Act, repayment will be made on the immediately preceding working day.
According to the government, maturity proceeds will be released either through direct credit to the investors’ registered bank accounts or through pay orders, depending on the banking information available. Investors have been advised to verify and update their bank details with the relevant bank, treasury office or the State Bank of India branch through which their interest payments are currently processed to ensure a smooth settlement.
For investors whose bank account details are not recorded, the government has instructed that the securities be submitted to the Public Debt Office at least 20 days before the repayment date. This step is necessary to avoid delays, and all securities must be duly endorsed and signed for redemption. The notification further specified that in areas where treasury functions are managed by SBI branches, securities should be submitted directly to the respective SBI branch instead of the treasury.
Investors seeking repayment at a location different from where their securities are registered have been asked to send the required documents to the Public Debt Office through registered and insured post within the stipulated timeframe. Reiterating its focus on timely and orderly repayment, the Assam government has urged all holders of the 6.21 per cent Assam SDL 2026 to complete the prescribed formalities well ahead of schedule.
